OTC Bulletin Board

S & P Company Insight for NORTH AMERICAN EN NV
 
 Profile

 
 
Address
  11005 Anderson Mill Road
  Austin , TX 78750
  Phone: 512-944-9115
  Website: http://www.naeyinc.com
Auditor
  Moore & Associates
  Las Vegas , Nevada
Transfer Agent
  Wall Street Transfer Agents, Inc.
Employees:  1
ShareHolders:  37
Founded:  2006
Domicile:  Nevada
 
  
 
 Background

 
History:  INCORPORATED in Nevada Aug. 22, 2006, as Mar Ked Mineral Exploration, Inc.; name changed to North American Energy Resources, Inc. Aug. 11, 2008. July 28, 2008, acquired North American Exploration, Inc. for 420,000 Common shares. Acquired concern was organized in Nevada on Aug. 18, 2006, as Signature Energy, Inc. and changed its name to North American Exploration, Inc. on June 2, 2008.
 
Subsidiaries:
North American Exploration, Inc.
 
 
 
 
  
 
 Management

 

Management
OfficersPosition
 Ross E. SilveyPresident, Chief Financial Officer, Chief Accounting Officer & Chief Executive Officer
 Michael D. PruittExec VP
 Susan  WillisSecretary

Directors
 Michael D. Pruitt
 Ross E. Silvey
 George S. Young
 
  
 
 Annual Report

 
Annual Report
 
Income Statement
  20092008
Oil & gas sales76
Pipeline fees2-
Total revs.96
Cost & exps.68229
Other income1Nil
Asset impairment418-
Depr. & amort.61
Interest exp.11
Net income(1,097)(25)
Share earns. basic and diluted(0.08)Nil
Avge. com. shs. (Thou.)(0.08)Nil
 
Balance Sheet
  20092008
Assets:
Cash & equiv.28185
Due from related party20-
Accts. rec., net2157
Prepaid exps.85-
Tot. curr assets154242
Note rec.-76
Net property and equipment177523
Total assets331841
Liabilities:
Notes pay.-35
Due to shareholder2501
Accrued expenses-1
Accts. pay.4924
Advances received30190
Tot. curr. liabs.81751
Long-term debt403-
Com. stk. 1412
Paid-in cap.961108
Retained earns.(1,128)(30)
Total liabs. and equity331841
Common Shares (Thou.)14,03612,428
 
 * On July 28 2008 the company acquired 100% of the outstanding stock of North American Exploration Inc. pursuant to a stock purchase agreement. The transaction was recorded for accounting purposes as a reverse acquisition.
 
  
 
 Interim Report

 
Interim Report   
 
Data Not Available
 
 
 
 
  
 
 Pro Forma Report

 
Pro Forma Report   
 
Data Not Available
 
 
 
 
  
 
 Quarterly Report

 
Quarterly Report Information   
 
Quarterly Revenue, US$
YearQuarterRevenue
  2010   1Nil
  2010   2Nil
  2010   410,000
  2010   Full Year 10,000
  2009   1Nil
  2009   2Nil
  2009   3Nil
  2009   Full Year 10,000
  2008   Full Year Nil
  2007   Full Year 20,000
 
 
Quarterly Net Income, US$
YearQuarterRevenue
  2010   1Nil
  2010   2Nil
  2010   3Nil
  2010   4Nil
  2010   Full Year (1,380,000)
  2009   1(30,000)
  2009   2(80,000)
  2009   3(460,000)
  2009   Full Year (1,100,000)
  2008   Full Year (20,000)
  2007   Full Year (10,000)
 
 
Quarterly EPS, US$
YearQuarterRevenue
  2010   1(.01)
  2010   2(.02)
  2010   3(.01)
  2010   4(.04)
  2010   Full Year (.09)
  2009   1Nil
  2009   2Nil
  2009   3(.02)
  2009   4(.01)
  2009   Full Year (.08)
  2008   1(.01)
  2008   2(.01)
  2008   3(.03)
  2008   4Nil
  2008   Full Year Nil
 
  
 
 Stock Data

 
 
Capitalization as of 04/30/2009:
 
 Authorized SharesOutstanding Shares
Preferred $0.001 par100,000,000None
Common $0.001 par100,000,00014,035,539
 
LONG TERM DEBT: $402,500.
 
Common $0.001 par
 
Stockholders:  06/30/2009, 37.
PRINCIPAL STOCKHOLDERS: June 30, 2009, Avenel Financial Group, Inc. owned or controlled 12.3% of the Common, and Richard Clark 5.8%.
 
Transfer Agent:  Wall Street Transfer Agents, Inc.   Pitt Meadows , British Columbia
 
OTC Bulletin Board( Primary): NAEY
 
ExchangeYearHighLow
OTC Bulletin Board20091.65000.0500
OTC Bulletin Board2008121.500010.3330
OTC Bulletin Board200766.00006.6670
 
DIVIDENDS: Common $0.001 par: No cash. Common split 3-for-2, July 21, 2008. Common reverse split 1-for-50, May 18, 2009.